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Quartics Raises $13.3M

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Irvine-based Quartics , the digital media processing chip firm headed by former AST founder Safi Qureshey, has raised $13.3M Quartics has previously raised capital from Enterprise Partners, Focus Ventures, Foundation Capital, Globespan Capital Partners, and Integral Capital Partners. as part of an ongoing, $21.7M

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Quartics Snags AMD Exec As CEO

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Irvine-based Quartics, which is developing semiconductors for media processing, said Monday that it has named former AMD Executive Vice President Mario Rivas as the firm's new CEO. Quartics is backed by Enterprise Partners, Foundation Capital, and others. READ MORE>>

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VMIX Shuffles Staff, Rolls Out New Player

socalTECH

Co-founder and EVP Terry Ash is now in charge of partner alliances, and the firm has hired on Dan Charleston as SVP of Business Development. VMIX is now focused on media management tools for web publishers; originally, the firm was focused on a consumer tool for allowing users to create video slideshows. READ MORE>>

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